School Tuition Fees in Bitcoin
About 10 rich New Yorkers are now paying their children's tuition of $30, 000 annual preschool tuition in bitcoin. This was confirmed by the founder of the Montessori, Marco Ciocca who runs two schools in Manhattan's SoHo and Flatiron.
The founder recognises the business advantage of adopting the digital currency as she commented:
"As an institution, we recognize the efficiencies that these new digital assets bring to businesses and do feel that in the years to come they will become more and more commonplace." She went further: "As a forward-thinking administration, we like to stay ahead of the curve and would not be surprised if the percentage of tuition paid in digital currencies continues to grow every year and becomes a substantial portion of our payments."
Cryptocurrency is now becoming mainstream as more institutions and organizations are beginning to recognize it. Like the days of the Internet, the early adopters would be miles ahead of the late entrants. If you are still under the rock, you'd better come out and see the light of crypto. You snooze, you loose.
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